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ICTMI - Turkey has deferred payment to Russia of a US$600 million natural gas bill to 2024

This was reported first by Reuters on Wednesday, the news organisation cited two unnamed sources. The background to this is that Turkish Energy Minister Fatih Donmez said last week that Turkey and Moscow agreed a deal allowing Ankara to defer energy payments up to a certain amount, but did not give details.The result, according to the report: "Officially a payment worth $600 million has been postponed to next year. The increase in energy prices had a huge impact on this," one of the sources wit... Read More

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Posted: May 10 2023, 21:55

Author Name: forexlive

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